Kuaishou issues 0.02 million option shares and repurchases 0.99 million shares for HKD 43.79 million

Bulletin Express04-23 19:43

Kuaishou Technology (Kuaishou) filed a Next Day Disclosure Return on 23 April 2026 detailing a marginal increase in issued shares and a further on-market share buyback under its existing mandate.

New share allotment • 19,871 Class B shares (≈0.02 million) were issued upon employee option exercise under the Pre-IPO incentive scheme adopted on 6 February 2018. • The move lifted Kuaishou’s Class B share count from 3.66118 billion to 3.66119 billion, a dilution of 0.0005%.

Latest buyback • On 23 April 2026 the company repurchased 992,300 Class B shares on the Hong Kong Stock Exchange at HKD 44.02–44.24 per share, spending HKD 43.79 million. • The shares are designated for cancellation.

Outstanding repurchases awaiting cancellation • Including the latest transaction, 9.00 million shares bought between 27 March and 23 April 2026 remain to be cancelled, representing roughly 0.21% of the 4.35 billion shares outstanding on 22 April 2026.

Repurchase mandate utilisation • The current mandate, granted on 19 June 2025, allows the company to buy back up to 428.39 million shares. • To date, 34.79 million shares have been repurchased, equal to 0.81% of the share base at the time the mandate was approved. • In line with listing rules, Kuaishou cannot issue new shares or dispose of treasury shares until 23 May 2026.

All transactions were executed in accordance with Hong Kong Main Board Listing Rules, as confirmed by Joint Company Secretary Matthew Huaxia Zhao.

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